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   Home > Industry Specific > Insurance Software > GenCOMP
  GenCOMP  
 
 
GenCOMP Description

GenCOMP is a full-featured software solution for managing and administering workers’ compensation insurance programs. GenCOMP automates the day-to-day claims administration function of our clients, allowing them to personally manage each case and make timely, cost saving decisions from real-time information centralized on their desktop.

Here is a partial list of features:

Offers an intuitive, easy-to-learn graphical interface.
Adds an ingenious reporting module that allows reports to be generated using actual English sentences by creating English synonyms for database elements and formulas.
Comprehensive Electronic Data Interchange (EDI) facilities to meet state mandated EDI reporting requirements.
Controls reserve practices, assists adjusters in setting reserves, maintains reserve history.
Calculates and verifies payments against reserves.
Eliminates duplicate payments with on-line payment history access.
Calculates and generates recurring indemnity payments based on state benefits, waiting periods and rates.
Processes and manages rehabilitation programs.
Provides instant, on-line access to critical legal information for litigation management.
Keeps track of subrogation information, including recoveries.
Diary/Calendar function schedules and prints appointments and reminders.
Provides powerful free-form adjuster note entry including word wrap and spell check.
Assists in production of mandated government forms including 1099, OSHA 200/300, etc..
Ability to open multiple claims and screens concurrently to enhance productivity.
Compliant with Microsoft design standards.
Incorporates Microsoft Office Applications for word processing, spreadsheets, and e-mail.

 
 
 
  


 
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